For sale Home

Listed Oct 22, 2026

$8,999,000 Est. $59,520/mo

1157 12th Avenue

  • 6

    Beds

  • 8

    Baths

  • 6,200

    Sq ft

The story

  • Waterfront

HOPE LANDING - Once a landing for letters, Now a landing for legacy. Spanning more than 19 acres and 130 ft. of low bank waterfront, an extraordinary property offered only one other time since 1889. Sellers meticulously designed all plans and positioning to build out this dream. Set high above the water to command uninterrupted views of Puget Sound and the Narrows Bridge is a ready to build 6,200 sq. ft. primary residence that is a study in quiet confidence — architecture that steps back so the horizon can step forward. A luxury pool and pool house extend the living space outward, blurring the line between interior comfort and island air. A 2,500-sq. ft. detached garage, oversized pass-through doors, soaring ceilings — stands ready for a collection worthy of the setting. This is not storage. It is a gallery for the machines you love. The ORIGINAL POST OFFICE- At the heart of the property sits a piece of American history: from 1915-1932 the island's Post Office, waiting to be reimagined. Boathouse. Salon. Private retreat. Its next purpose is unwritten — reserved for an owner who understands that the rarest luxury is a story no one else can tell. CEDRONA COVE sits below it all is low-bank access opening onto the warm, protected waters of Cedrona Cove — generations of summer afternoons, only beginning to write the next ones, with future dock/pier exploration options. Hope Landing was never simply land. It is 19+acres of inheritance, waiting for the next owner to carry forward.

Facts & features

Home type

Home

Year built

2028

Lot size

19 acres

Price per sq ft

$1,451

Included features

  • Cooling

    Central Air

  • Heating

    90%+ High Efficiency, Heat Pump

  • Roof

    Composition

  • Lot Information

    Paved

  • Exterior

    Wood Products

  • Water Source

    Individual Well

  • Sewer

    Septic Tank

Mortgage calculator

Estimated monthly payment

$59,520 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $47,896
  • Property tax $8,999
  • Insurance $2,625

Includes principal, interest, taxes & insurance.

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Listing Broker

Realogics Sotheby's Int'l Rlty

Broker Name

Realogics Sotheby's Int'l Rlty

Agent

Val Burmester